10 ASX Companies That Performed On Top Today - 10 June 2020
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The S&P/ASX 200 Index managed to just edge out a gain by 0.1 percent to conjure up an impressive seventh straight win.
‘Buy now, pay later’ fintech company Afterpay (ASX:APT) soared 7.5 percent, retail giant Harvey Norman (ASX:HVN) advanced 7.3 percent, whileWesfarmers (ASX:WES) rose 4.9 percent and Biopharmaceutical giant CSL (ASX:CSL) firmed 2.6 percent.
Notable mining and resources stocks such as Saracen Mineral Holdings (ASX:SAR)rose 8.5 percent while Gold Road Resources (ASX:GOR) advanced 6.1 percent.
Banking blue chips fell slightly across the big 4 as National Australia Bank (ASX:NAB) descended 1.5 percent, ANZ (ASX:ANZ) lagged 1.1 percent while Westpac (ASX:WBC) and Commonwealth Bank (ASX:CBA) both fell slight below 1 percent.
Musgrave Minerals Ltd (ASX:MGV)
MGV surged 33.9 percent to steal the top spot yet again after Tuesday’s massive 73.3 percent gain after hitting 12 metres at 112.9 g/t gold near-surface in reverse circulation (RC) drilling at Starlight discovery within the flagship Cue Gold Project in Western Australia. Since its announcement to recommence drilling at the High-Grade Starlight Link Lode in early May, couple with the strong Gold rally of late, MGV has been performing phenomenally. Its biggest project is the Cue Gold Project which hosts mineral resources totalling 6.45 million tonnes at 3 g/t gold for 613,000 ounces contained gold.
Ardent Leisure Group Ltd (ASX:ALG)
Global operators of leisure assets ALG soared 23.8 percent to after Queensland government announced on Monday that they will supply a AUD 50 million tourism recovery package for all Gold Coast theme parks, with around AUD 11 million allocated to ALG amongst 2 other theme park operators. ALG is best known for its Dreamworld property.
Flinders Mines Ltd (ASX:FMS)
FMS saw its share price up 19 percent after releasing the ASX announcement titled, “Foreign Investment Review Board approval received”. This is in relation to next step in finalising its farm-in incorporated joint venture with BBI Group Pty Ltd (BBIG) in relation to the Company’s flagship Pilbara Iron Ore Project with approval from the Foreign Investment Review Board (FIRB).
Integral Diagnostics Ltd (ASX:IDX)
Oz-based medical imaging services company advanced 14.6 percent after its AUD 47.7 million acquisition of Ascot Radiology to expand its footprint in the New Zealand market. The acquisition is funded by AUD 38.2 million in cash and AUD 9.5 million in new ordinary IDX shares.
Betmakers Technology Group Ltd (ASX:BET)
Online betting firm BET rose 14 percent after securing rights for Fixed Odds betting at the Monmouth Park race track in New Jersey, USA. BetMakers DNA (a subsidiary of BET), secured the rights through a five-year agreement with Darby Development, the operator of Monmouth Park, and the New Jersey Thoroughbred Horsemen Association.
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10 ASX Companies That Performed On Top Today - 23 June 2020
The S&P/ASX200 Index firmed 0.2 percent to mark its third straight trading day gains.
Miners recovered marginally as Rio Tinto (ASX:RIO) gained 1.4 percent, Fortescue Metals Group (ASX:FMG) rose 1.3 percent and BHP Group (ASX:BHP) recovered 0.8 percent.
Other notable gainers such as real estate group Cromwell Property Group (ASX:CMW) soared 8.1 percent, diversified logistics and infrastructure giant Qube Holdings (ASX:QUB) advanced 7.8 percent, insurance firm AMP Limited (ASX:AMP) soared 7.9 percent and rare-earths miner Lynas Corporation Ltd (ASX:LYC) closed 6 percent higher for the day.
Kalamazoo Resources Limited (ASX:KZR) Gold and base metals explorer KZR surged 50.5 percent to top the chart after announcing that they have bought out Northern Star Resources’ (NST) Ashburton Gold Project for a deferred contingent cash consideration of AUD 17.5 million (Source: The Market Herald)
SmartPay Holdings Ltd (ASX:SMP) Innovative EFTPOS payment provider SMP advanced 18% today after releasing its FY20 results. It was reported that SMP had a 34% increase in revenue over the year as a result of strong growth in Australia.
Rox Resources Ltd (ASX:RXL) RXL shares advanced 17.7 percent after recent developments at their Youanmi regional gold exploration project. This latest drilling result will test the down-plunge extensions of the recently discovered gold mineralisation. (Source: MiningNews.net)
Auteco Minerals Ltd (ASX:AUT) Emerging mineral exploration company AUT saw its shares jumped 17.7 percent today. It was recently announced that AUT was on course for its first 5,000-metre diamond drilling program at Pickle Grow Gold Project in Uchi sub-province of Ontario, Canada, targeting high-grade, shallow gold targets (Source: Proactive Investors)
Western Areas Ltd (ASX:WSA) Australia’s leading Nickel producer WSA climbed 16 percent after receiving highly encouraging results from the Sahara prospect within the Western Gawler Project in South Australia as it intersects significant widths of nickel and copper. (Source: The Market Herald)
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10 ASX Companies That Performed On Top Today - 22 June 2020
The S&P/ASX200 Indexadvanced 1.9 percent despite stocks related to travel, tourism and leisure mostly traded below their last trading day.
Amongst the notable losers, Webjet (ASX:WEB) retreated 5 percent, Qantas (ASX:QAN) suffered 4.2 percent, Transurban (ASX:TCL) dropped 4.1 percent and Fight Centre (ASX:FLT) declined4 percent.
The Banking and Mining blue chips traded higher across the board as ANZ (ASX:ANZ)climbed 1.2 percent,Commonwealth Bank (ASX:CBA)finished 1.1 percent higher and resources giant BHP Group (ASX:BHP) improved by 1 percentage point.
Novatti Group Ltd (ASX:NOV) Digital banking and payments firm NOV soared 30 percent today having recently announced its partnership with Alipay to come up with ChinaPayments – a payment platform targeted at Chinese customers to pay Australian bills.
BBX Minerals Ltd (ASX:BBX) Junior gold miner surged 25.9 percent today having announced last week of its arrangement to AUD 8 million standby equity funding facility with US-based investment group LDA Capital that can be used to advance the a metallurgical test plant planned in Brazil.
Rox Resources Ltd (ASX:RXL) RXL shares advanced 24 percent after recent developments at their Youanmi regional gold exploration project. This latest drilling result will test the down-plunge extensions of the recently discovered gold mineralisation. (Source: MiningNews.net)
Cassini Resources Ltd (ASX:CZI) Base metals explorer CZI gained 24 percent after news that OZ minerals were raising its stake in Australia’s largest undeveloped nickel-copper deposit, West Musgrave, to complete control from 70%. OZ Minerals acquired its majority stake in the West Musgrave project in Western Australia from Cassini in 2016, developing the project as a joint venture ever since. (Source: Reuters)
Artemis Resources Ltd (ASX:ARV) Junior gold and copper explorer traded 22.5 percent higher to round up the top 5. Recently, ARV has begun a 13 hole reverse circulation (RC) drilling program at the Munni Munni Platinum Group Element Project in WA. (Source: The Market Herald)
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10 ASX Companies That Performed On Top Today - 18 Jun 2020
The S&P/ASX 200 Index fell 0.9 percent after unfavourable numbers in unemployment rates and job losses across Australia in May as announced today.
Mining and minerals blue chips tumbled a second day as Fortescue Metals Group (ASX:FMG) fell a further 4.2 percent,Rio Tinto (ASX:RIO) retreated 1.3 percent andBHP Group (ASX:BHP) suffered a 0.9 percent drop.
Goldstocksfell accordingly with the declining gold priceasNorthern Star Resources (ASX:NST) dipped 2.0 percent, Newcrest Mining (ASX:NCM) retreated 1.8 percentandEvolution Mining (ASX:EVN) declined 0.8per cent.
The Banking blue chips did not fare any better as National Australia Bank (ASX:NAB) wiped off0.9 percent and Commonwealth Bank (ASX:CBA) slid0.8 percent.
Splitit Payments Ltd (ASX:SPT)
SPT share price skyrocketed 108 percent after signing a multi-year deal with Mastercard to aid the acceleration and adoption of its payment-instalment scheme globally, given the massive presence of Mastercard amongst retailers around the world.
Berkeley Energia Ltd (ASX:BKY) High impact, clean energy company BKY got into the top 3 for the second time this week after its share price soared 40.3 percent. BKY is currently advancing permitting efforts for its uranium mine development project in western Spain near Madrid as it shifts its focus more on the Spanish capital.
Turners Automotive Group Ltd (ASX:TRA)
Integrated financial services group TRA surged 28.3 percent today after releasing its yearly FY20 results for the year ending 31 March 2020. The group also own Oxford Finance, Autosure, and EC Credit Control. TRA devliered 11 percent increase in underlying NPBT from NZD 26 million to NZD 28.8 million despite a 1 percent decline in revenues.
Firstwave Cloud Technology Ltd (ASX:FCT)
Cloud-based cyber-security solutions provider FCT rose 23.5 percent today. In a recent announcement on 12 June, FCT successfully completed an equity raise of AUD 14.9 million with AUD 9 million from the retail component. This raise is in line with FCT’s strategy of establishing as the leading cybersecurity partner.
Wameja Ltd (ASX:WJA)
Financial services stock WJA saw its shares advanced 21.1 percent to round up the top 5. Wameja & Mastercard are joint venture partners of the HomeSend global payment hub. HomeSend was originally develop as a strategic partnership in 2008 before being launched as a Joint Venture with Mastercard in 2014.
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